Latest from Retail

Kiwis turn away from beer and wine as alcohol consumption hits all-time low

New Zealanders now average 1.6 standard drinks per adult per day.

Woolworths NZ's half-year revenue jumps to $4.41b

The company cited benefits from its move to rebrand from Countdown to Woolworths.

Wealth of 10 biggest iwi edges higher in tough year

Iwi have had three consecutive years of difficulty, but 2025 showed a modest improvement.

Mighty Ape revenue falls 25% as fourth boss in three years takes charge

Grant Henry has come from EB Games to head up Mighty Ape.

Luxury Italian furniture giant to open $3.5m flagship in Auckland design hub

Molteni&C is a leading Italian designer furniture brand founded over 90 years ago.

Kiwi smart shopping start-up raises $8m to fuel US expansion

Appetise now helps 70,000 Kiwi households to plan meals and shop smarter.

'Subdued economic environment' – Winton Land half-year revenue down 60%

Unemployment, net migration and lower concrete volumes are cited as examples of downturn.

Daikin opens $30m Christchurch hub to recycle climate-damaging refrigerant

The 7861sq m site will recycle refrigerant from end-of-life heat pumps.

The Warehouse to hit pause on external ads as new marketing boss plans reset

Frankie Coulter plans to shift more money into in-store experiences.

Storms, holidays dent modest rise in January retail spending

Wild weather on January 21 cut daily spending by 5.6% compared with last year.

'A little bit of a change': Restaurant Association boss to exit after 14 years at the top

Her exit comes as 2025 hospitality liquidations jumped 50% on last year.

Warehouse Group cuts 270 head office jobs

The Warehouse Group will cut 270 head office jobs, from about 990 to 720 roles.

Briscoe Group reports record fourth-quarter sales despite margin pressure

Net profit after tax is tipped to land between $59m and $60m for the year.

Auckland wine tech business liquidated owing $475k and citing 'irrecoverable failure'

Hailed as a game-changer for the sector, put under by Callahan Innovation, owes $475,000.

Inside Zuru's $250m global property portfolio spanning London to LA

'We have offices in all these countries so it's better to own them': Nick Mowbray.

Wine group collapse leaves creditors $12m out of pocket

A licence deal lets Hawke's Bay Wine Company keep trading while assets are sold.